Even though some states havent finished counting the votes. And Donald Trumps camp hasnt exhausted its all its legal options. I know that you have supported joe biden from the get go. So on the emotional level im, im sure it feels right, but when it comes to you american law, due process, the american republic, which requires some semblance of neutrality, g. C. , thats actually a sign of respect. The elections over, theres a, in the United States, we have a tradition that when it is clear whos going to win, because they have the majority of votes that are needed for any office and for president , its the majority of the Electoral College votes. Even though there are still some technical things that have to do, there are, in some key states have to certify the elections. The certification often doesnt happen for weeks after the election. And yet on election night, you may know whether the margin for the winner is so large that it is impossible for the defeated candidate to catch up. So
I mean, can you point me and our viewers around the world primary source material . Not the media projection. Not some speculation. Not that even a paul, but a legal document, a legal decision thats legitimizes, sound designation as president elect. So democracy depends on very fragile norms, including that the defeated candidate, graciously acknowledges that he lost the election. And then particularly in a president ial context, the defeated candidate says, congratulations to the winner and says we as americans will unite behind you. Because your success is important to our country. And my government will do everything it can to cooperate with you in a transition. So that when you become president , you can hit the ground running. They do that even knowing that the formal date on which elections are certified by states by which Electoral College votes are cast in state legislatures. And by which those votes are counted in Congress Wont happen. For another 2 months, so if i hasten that
But the margin is 80000 votes. It doesnt matter if all 10000 votes went for the defeated candidate, they cannot possibly catch up. Thats where we are today. Joe bidens margin is so large in all of the states that are being contested, that even though some other states have not finished counting, they still know who won and job. Im one majority of the Electoral College dropout progress ical there are there is. And isnt that there is, you know, history, history to dish and there is an emotional side to this question, but then there is a legal side as well, and you were a legal scholar. Thats why im asking, what makes joe biden president elect at this point . I mean, can you point me and our viewers around the world primary source material, not the media projection, not some speculation, not that even a paul, but a legal document, a legal decision that legitimizes see if that cell designation as president elect. So democracy depends on very fragile norms, including that the defeated candi
The postelection risk rally faltering. Of good morning, everybody. 7 00 in london. Eight in paris or berlin. Lets have a look at the equity markets. Look like europe this. Negative. This is indicative of what we have seen on u. S. Futures or are seeing. U. S. Futures down 0. 5 . Nasdaq futures off their lows but still pretty negative. We are losing our nerve on Global Equity markets. Three days into this neverending election account it seems, the context of course is important. The rally we have seen must have been forgotten when we look at nasdaq futures, up nine, down one. Lets have a look at the gmm. Going on other things here. Oil prices are interesting, down by just over 2 . Dollar, not all about what is going on the dollar. Inflation trade unwinding. Investors wait, the electorate in the United States waits for the counting to continue. The race for the white house is still too close to call. Counting continues in crucial swing states with joe biden catching up in georgia and pen
But when it comes to american law, due process, the american republic, which requires some semblance of neutrality, g. C. Thats actually a sign of respect. The elections over in the United States, we have a tradition that when it is clear whos going to win because they have the majority of votes that are needed for any office and for president , its the majority of the Electoral College votes. Even though there are still some technical things that have to do, there are, in some key states have to certify the elections. The certification often doesnt happen for weeks after the election. And yet on election night, you may know whether the margin for the winner is so large that it is impossible for the defeated candidate to catch up. So there may still be 10000 votes to count by the margin is 80000 votes. It doesnt matter if all 10000 votes went for the defeated candidate, they cannot possibly catch up. Thats where we are today. Joe bidens margin is so large in all of the states that are